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Category: Money

Out of the interest rate trap: New service packages upset home loan customers

The need is great in terms of the interest slump – even with building societies. Given the income melt, they turn on the feed screw. Some institutes are carrying an annual service fee for existing contracts. Consumer advocates are angry and afraid that the example of school could make. “It’s as if a savings bank […]

Money

The financial question: Trouble with the effective interest

Remain hidden the true cost of many loans, because the legislature was going sloppy and the gaps in the regulation do not close. The interest rates for home loans are in the cellar. Loans with a duration of ten years cost right now nominally 2.5 to 3 percent per year. A mortgage with 15 years […]

Money